Well, unfortunately, the signs are looking more bearish than bullish.
The trend-line broke on 04.09. which provided great support since March. We even had a backtest (10.09.), it failed to go back above the previous support line.
If the 270.56 level breaks then loading up on puts could be profitable.
The next great support levels are:
>253.69-251.09
>242-234.86
Have a great week guys!
If you want me to analyze a concrete stock,indice... please feel free to inbox me:)
The trend-line broke on 04.09. which provided great support since March. We even had a backtest (10.09.), it failed to go back above the previous support line.
If the 270.56 level breaks then loading up on puts could be profitable.
The next great support levels are:
>253.69-251.09
>242-234.86
Have a great week guys!
If you want me to analyze a concrete stock,indice... please feel free to inbox me:)
